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Blue Ridge Sells Apple, Buys Tesla, Zillow in Q2 - 13F

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Dougherty & Co Reiterates Neutral on Fitbit (FIT) as Flex 2 and Charge 2 Images Surface

August 17, 2016 9:59 AM EDT

Dougherty & Co reiterated a Neutral rating on Fitbit (NYSE: FIT) after TechnoBuffalo published images of what it believes to be the company's forthcoming Flex 2 and Charge 2 activity trackers. The upcoming release of the Flex 2 and the Charge 2 have been well-telegraphed for months. However, very... More

Chesapeake Energy (CHK) Prices $1.5B Term Loan Facility

August 17, 2016 6:06 AM EDT

Chesapeake Energy Corporation (NYSE: CHK) announced that it successfully priced its proposed term loan and, as a result of strong demand, has upsized the term loan to $1.5 billion from a previously announced size of $1.0 billion. The term loan is being arranged by Goldman Sachs Bank USA, Citigroup... More

Barclays Lifts PT on Chesapeake Energy (CHK) to $3; Sees Cash Flow Improving Post-Barnett Exit

August 16, 2016 11:09 AM EDT

Barclays boosts its price target on Underweight-rated Chesapeake Energy (NYSE: CHK) from $1 to $3 following recent company progress in midstream contracts and Barnett Shale play.

Analyst Thomas Driscoll commented today, Chesapeake has improved its economics by addressing above-market midstream contracts in several regions and by exiting the Barnett. We are increasing 2018 EBITDA estimates (or PICF) by $635 million to... More

Credit Suisse Raises Price Price Target on Kraft Heinz (KHC) to $100; Reiterates Outperform

August 16, 2016 11:07 AM EDT

Credit Suisse reiterated an Outperform rating on Kraft Heinz Company (NASDAQ: KHC), and raised the price target to $100.00 (from $98.00), after adjusting estimates.

Analyst Robert Moskow commented, "We are raising our target price for Kraft Heinz to $100/share and our 2017 EBITDA estimate... More